Deals of the day-Mergers and acquisitions

Gold Road Resources

05/05/2025 10:50

May 5 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Monday:

** Austria's Erste Group Bank acquired a 49% stake in Santander's Polish unit for around 6.8 billion euros ($7.7 billion), Santander and Erste said, driving shares in Santander Bank Polska SPL1.WA down around 5% in Warsaw.

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** South Africa's Gold Fields GFIJ.J will acquire Gold Road Resources GOR.AX in a sweetened deal valuing the Australian miner's equity at A$3.7 billion ($2.4 billion), as sky-high bullion prices drive a wave of tie-ups.

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** AI-powered defense startup Anduril Industries said it has entered into a definitive agreement to acquire Ireland-based tactical communications systems maker Klas.

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(Compiled by Rajarshi Roy and Neil J Kanatt in Bengaluru)

((Neil.JKanatt@thomsonreuters.com))